Why would this firm not want to produce 1 unit to maximize profits? Question 26Select one or more: a. The profit function is the shape of a parabola and at Q=1, MR>MC. This means that we can produce more and increase our profit. b. The MR is greater than the MC and this means we are adding more to total revenue than total cost. We should produce more to increase our profit. c. If we produce 2 units, the MR is greater than the MC, so we would not stop at 1 because we would earn smaller profits as compared to producing 2. d. We would want to produce Q=1 because this is the quantity where there is the biggest gap between MR and MC